Planned Giving
Bequests
One of the simplest and most meaningful ways to provide for the garden’s future is through a bequest to Untermyer Gardens Conservancy. A bequest can be in the form of a dollar amount, a specified asset, and/or a percentage of property remaining in your estate. An unrestricted bequest permits the Conservancy to decide the most valuable use of your gift at the time it is received. The following language is suggested when making an unrestricted bequest:
"I give (the sum of ____ dollars), (all or ____ percent of the residuary of my estate) to the Untermyer Gardens Conservancy, Inc., Yonkers, New York, for its general purposes."
If you have already made your will, you can easily update it with a codicil that provides for a bequest to the Untermyer Gardens Conservancy. Click here for sample language. Please note that the codicil must be signed in the presence of witnesses to be valid.
Retirement Account Beneficiary
You can avoid potential estate tax and income tax on retirement assets by designating Untermyer Gardens Conservancy as the beneficiary of your IRA or other retirement account. As a 501 (c)(3) the Conservancy is exempt from taxes on retirement plan assets that would impact the account owner and his/her individual heirs. Your plan administrator can provide a beneficiary designation form for you to complete and return.
Other Beneficiary Designations
Untermyer Gardens Conservancy can also be designated as the beneficiary of a life insurance policy, a bank or brokerage account, or a donor advised fund. Simply request a beneficiary designation form from your insurer, banker, broker, or advisor.
One of the simplest and most meaningful ways to provide for the garden’s future is through a bequest to Untermyer Gardens Conservancy. A bequest can be in the form of a dollar amount, a specified asset, and/or a percentage of property remaining in your estate. An unrestricted bequest permits the Conservancy to decide the most valuable use of your gift at the time it is received. The following language is suggested when making an unrestricted bequest:
"I give (the sum of ____ dollars), (all or ____ percent of the residuary of my estate) to the Untermyer Gardens Conservancy, Inc., Yonkers, New York, for its general purposes."
If you have already made your will, you can easily update it with a codicil that provides for a bequest to the Untermyer Gardens Conservancy. Click here for sample language. Please note that the codicil must be signed in the presence of witnesses to be valid.
Retirement Account Beneficiary
You can avoid potential estate tax and income tax on retirement assets by designating Untermyer Gardens Conservancy as the beneficiary of your IRA or other retirement account. As a 501 (c)(3) the Conservancy is exempt from taxes on retirement plan assets that would impact the account owner and his/her individual heirs. Your plan administrator can provide a beneficiary designation form for you to complete and return.
Other Beneficiary Designations
Untermyer Gardens Conservancy can also be designated as the beneficiary of a life insurance policy, a bank or brokerage account, or a donor advised fund. Simply request a beneficiary designation form from your insurer, banker, broker, or advisor.
The Evergreen Circle recognizes friends who include the Conservancy in their estate plans. Members receive invitations to exclusive events, a certificate of recognition, and acknowledgment in our annual donor listing. If preferred, participation can also be anonymous.
For more information on joining the Evergreen Circle and making a planned gift, please contact Cathy Michelsen, [email protected],
914-613-4502. When planning a gift, we do encourage you to consult your own financial advisor.
For more information on joining the Evergreen Circle and making a planned gift, please contact Cathy Michelsen, [email protected],
914-613-4502. When planning a gift, we do encourage you to consult your own financial advisor.